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The elementary economics of social dilemmas

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  • B. Curtis Eaton

Abstract

A social dilemma is, in essence, a prisoners' dilemma in a continuous strategy space. I discuss a number of social dilemmas that have caught my attention, offer an elementary, diagrammatic synthesis of them, and discuss some of the economic insights that the diagrams capture, including incentives for pre-commitment. Finally, I model pre-commitment via delegation and link results to the literature on the evolution of preferences.

Suggested Citation

  • B. Curtis Eaton, 2004. "The elementary economics of social dilemmas," Canadian Journal of Economics, Canadian Economics Association, vol. 37(4), pages 805-829, November.
    • Handle: RePEc:cje:issued:v:37:y:2004:i:4:p:805-829
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